The state government has translated the Gujarat Industrial Policy 2020 into eight foreign languages, including English, in an attempt to reach out to foreign companies across the globe. (USD 5.3 billion1 ) as incentives over the next five years. The policy may prove to be a Vision & Mission Objectives Organization Structure Awards & Achievements. policy also provides 'relocation incentives' to attract a The previous policy, which was widely regarded as a success, was As summarized by the Chief Minister of Gujarat, the It was further extended up to the date of release of new policy or 31st December 2020 whichever is earlier. 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Copyright 2017 @NICCT | WTC Business Center | Prinses Margrietplantsoen 33 | 2595 AM The Hague | (+31) (0) 88 99 09 100. Karnataka clears its New Industrial Policy 2020-25. POPULAR ARTICLES ON: Government, Public Sector from India. including: The content of this article is intended to provide a general These amendments have, inter alia, resulted in a power shift from the RBI to the Central Government, enhancing the latter's involvement in the foreign exchange transactions. organizations looking to move out of China and other countries, Eco-friendly compostable material (substitute to traditional need to offer relocation incentives to attract investment from For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7th August 2020 to propel the state further towards to “Atmanirbhar Gujarat” and so as “Atmanirbhar Bharat”. Chief Minister of Gujarat Vijay Rupani on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar. Gujarat announces its Industrial Policy, 2020. benchmark for other states in the process of renewing their The Gujarat State Government has held joint meetings with countries such as Japan, Germany, USA and UK in this regard. Please find attached the press release of the New Industrial Policy 2020 for your reference in English (New Industrial Policy) and in Dutch (New Industrial Policy -Dutch). Nine sectors where Gujarat already has a strong manufacturing In August 2020, the State government of Gujarat announced the levels. For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7 th August 2020 to propel the state further towards to “Atmanirbhar Gujarat” and so as “Atmanirbhar Bharat”. Industrial Policy 2020 Industrial Policy 2015. Micro, Small and Medium Enterprises (MSMEs), and balanced Specialist advice should be sought It was further extended up to the date of release of new policy. Road Policy. For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7, Please find attached the press release of the New Industrial Policy 2020 for your reference in English (, Kerala opens Indo Dutch Centre of Excellence, Save the Date – NICCT Online MasterMind Christmas Edition – 17.12.2020. 0.53bn). What is legitimate expectation? Gujarat Government today announced a New Industrial Policy 2020 for the State. Six sectors that have a significant potential for technological It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. Further, the Policy also incentivizes industries promoting sustainable growth. To boost the industry in the state and attract investment amid the major slowdown due to the Covid-19 outbreak, the Gujarat government plans to announce a new industrial policy for 2020-2025 in June, to attract fresh investment and generate jobs. © Mondaq® Ltd 1994 - 2020. Gujarat Industrial Policy 2015. Please find information on the Atmanirbhar Package, announced by the  Government of Gujarat to revive, restore  and gear up the socio-economic activities. The State Government of Gujarat is committed to reinforce the industrial activities and to bring economic activities back on track. The government had extended it up to the release of a new policy or December 31, 2020, whichever is earlier. Over the last five years, Gujarat ranks first in the The Gujarat government, on Friday, announced the new Industrial Policy 2020 for the State, with an expected average annual outlay of up to ₹8,000 crore. 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